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Capcom has revealed that it expects to lose 4.5 Billion Yen as the result of the termination of projects at Capcom Vancouver, the studio behind the Dead Rising games.

Capcom revealed in its latest financial results that it has terminated some projects that were in development at Capcom Vancouver.

While Capcom didn’t specify what projects were canceled but chances are that Dead Rising 5 might be one of the canceled projects.

Also, Capcom didn’t specify the reason behind the cancelation fo the projects and only noted that it is “reviewing the allocation of its development resources”.

In consideration of this process, as a result of reviewing titles in development at Capcom Game Studio Vancouver, Inc., Capcom now expects to record losses from the termination of development projects of approximately 4.5 billion yen under cost of sales in its consolidated financial results for the six months of the fiscal year ending March 31, 2019.

However, Capcom did note that cancelation of the projects at Capcom Vancouver and the projected loss of 4.5 Billion Yen will not affect the overall fiscal year that will end March 31, 2019.

Capcom’s consolidated business results remains the same as what was projected at the financial results announcement on May 8, 2018.

Capcom Vancouver latest game was Dead Rising 4 which launch in December 2016. However, the game failed to meet expectations initially at launch.

With Capcom canceling a number of projects at Capcom Vancouver, seems like the company has lost faith in the Dead Rising franchise and will be allocating the studio to another project.

Speaking of Capcom, the studio is currently working on Resident Evil 2 Remake set to launch in early 2019. Capcom has remastered and remade earlier Resident Evil games and fans are wondering if Resident Evil 3 will be remade or remastered.